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Saturday 17 October 2026 Export MKC’s income statement to Excel — free account

McCormick & Company, Incorporated

MKC Consumer Defensive Packaged Foods

McCormick & Company, Incorporated’s revenue for fiscal 2025 (year ended November 2025) was $6.8 billion, up 1.73% from fiscal 2024. In the quarter to August 2026, revenue grew 17.4%, EPS fell 53.8%, free cash flow fell 45.6% and total debt fell 4.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten; insiders bought in the last twelve months.

46.35 0.64 +1.40%
Market cap
$12.3B
P/E
8.3×
Fwd P/E
15.7×
Dividend yield
4.14%
F-score
6/9
Altman Z
2.57
Beneish M
−2.48
Dividend safety
59/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

McCormick & Company, Incorporated (MKC) Debt to equity

Alert me on Debt to equity

McCormick & Company, Incorporated's debt to equity at the end of the quarter to 31 August 2026 was 0.5×, down 0.1× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.6× (fiscal 2025) to 1.9× (fiscal 2017) — the current reading is the lowest in ten years. That is above the Packaged Foods industry median of 0.2× and above the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (13.65%)
FY2024 0.7× (10.86%)
FY2023 0.8× (2.22%)
FY2022 0.8× (22.32%)
FY2021 1.1× 5.12%
FY2020 1.0× (5.34%)
FY2019 1.1× (17.13%)
FY2018 1.3× (29.93%)
FY2017 1.9× 187.54%
FY2016 0.6× (13.27%)

Quarterly newest first

Period Debt to equity Change
Aug 2026 0.5× 1.78%
May 2026 0.5× (0.40%)
Feb 2026 0.5× (23.70%)
Nov 2025 0.6× (6.15%)
43 more quarters

Against its own ten years

Low 0.6× High 1.9×
Ten-year median 0.8×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
SFD Smithfield Foods, Inc. compare 0.3×
HRL Hormel Foods Corporation compare 0.4×
MKC McCormick & Company, Incorporated 0.5×
DAR Darling Ingredients Inc. compare 0.7×
SJM The J. M. Smucker Company compare 1.2×
GIS General Mills, Inc. compare 1.8×
LW Lamb Weston compare 2.2×
JBS JBS N.V. compare 2.7×
MICC The Magnum Ice Cream Company N.V. compare 3.4×
Packaged Foods industry median 0.2×
Consumer Defensive sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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